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10/3/23 8:19 AM

Rate Indications

To take down an advance, login to eBanking or contact the Member Transaction Desk :

855-345-2244, Option 1

Today's Headlines

Market Rates

S.A.V.E. Advance Special (until October 31, 2023): A one-time 10bp discount on up to $5mm of either an A121 Fixed Rate, Fixed Term or A300 SOFR Floater advance between 1-3 years. Must call the Member Transaction Desk and mention the S.A.V.E. Advance to execute. Visit our Solutions page on fhlbc.com for Terms and Conditions.

Advance Discount Specials (until October 31, 2023): 5 bps discount on qualifying fixed rate fixed term advances, callable fixed rate, and amortizers. Visit our Solutions page on fhlbc.com for Terms and Conditions.

Early bird discounts, all before 10:00 a.m.: (1) Available on A120 (<= 27 days) advances, additional volume discounts may be available; (2) 1-month (no minimum at 5.47%) and 3-month (no minimum at 5.57%) A121 advances. To execute, please call the Member Transaction Desk before 10:00 a.m.

Term

Treasury

Swaps

Fixed Rate Advances

2 years

5.11%

5.04%

5.23%

5 years

4.74%

4.51%

4.88%

7 years

4.76%

4.44%

5.11%

10 years

4.72%

4.42%

5.25%

FHLBC Deposit Rates^

DID (yesterday)

5.17215%

^Call for term deposit rates.

Fixed Rate Advances

Fixed Rate Callable Advances (Member-Owned Embedded Option)

Term

Community Advances

Regular Advances

All-in After Dividend*

Forward-Starting

Term

Lockout

Bermudan

All-in After Dividend*

Option Cost

1 week

5.47%

5.34%

Advances settle one year forward from today and then have stated term to maturity

2 years

6 months

6.04%

5.91%

0.81%

2 weeks

5.48%

5.35%

2 years

1 year

5.84%

5.71%

0.61%

3 weeks

5.48%

5.35%

3 years

6 months

6.20%

6.07%

1.14%

1 month

5.38%

5.49%

5.36%

3 years

1 year

5.99%

5.86%

0.93%

3 months

5.48%

5.59%

5.46%

5 years

6 months

6.45%

6.32%

1.57%

6 months

5.55%

5.66%

5.53%

5 years

1 year

6.24%

6.11%

1.36%

9 months

5.59%

5.69%

5.56%

5 years

2 year

5.79%

5.66%

0.91%

1 year

5.45%

5.56%

5.43%

4.87%

7 years

1 year

6.55%

6.42%

1.44%

1.5 years

5.29%

5.39%

5.26%

4.78%

7 years

2 years

6.28%

6.15%

1.17%

2 years

5.12%

5.23%

5.10%

4.78%

10 years

2 years

6.43%

6.30%

1.19%

2.5 years

5.00%

5.11%

4.98%

4.74%

10 years

3 years

6.24%

6.11%

0.99%

3 years

4.96%

5.06%

4.93%

4.70%

10 years

5 years

5.74%

5.61%

0.50%

3.5 years

4.87%

4.98%

4.85%

4.69%

15 years

5 years

5.88%

5.75%

0.30%

4 years

4.83%

4.94%

4.81%

4.68%

Fixed Rate Putable Advances (Bank-Owned Embedded Option)

4.5 years

4.79%

4.90%

4.77%

4.79%

Term

Lockout

European

All-in After Dividend*

Option Value

5 years

4.78%

4.88%

4.75%

4.90%

3 years

6 months

4.57%

4.44%

-1.09%

6 years

4.92%

5.03%

4.90%

5.01%

5 years

6 months

4.23%

4.10%

-1.42%

7 years

5.00%

5.11%

4.98%

5.10%

7 years

6 months

4.15%

4.02%

-1.51%

10 years

5.14%

5.25%

5.12%

5.27%

10 years

6 months

4.12%

3.99%

-1.54%

15 years

Call for availability

5.59%

5.46%

3 years

1 year

4.65%

4.52%

-0.91%

20 years

5.82%

5.69%

5 years

1 year

4.34%

4.21%

-1.22%

30 years

5.89%

5.76%

7 years

1 year

4.22%

4.09%

-1.34%

10 years

1 year

4.13%

4.00%

-1.43%

5 years

2 years

4.45%

4.32%

-0.78%

Fixed Rate Amortizing Advances

7 years

2 years

4.26%

4.13%

-0.97%

Amortization Term

10 years

2 years

4.14%

4.01%

-1.08%

Term

5 years

7 years

10 years

15 years

7 years

3 years

4.34%

4.20%

-0.73%

5 years

5.11%

5.04%

5.00%

4.98%

10 years

5 years

4.63%

4.49%

-0.26%

7 years

n/a

5.11%

5.14%

5.16%

Term

Lockout

Bermudan

All-in After Dividend*

Option Value

10 years

n/a

5.20%

5.27%

5 years

6 months

3.96%

3.83%

-1.70%

Term

15 years

20 years

25 years

30 years

7 years

6 months

3.74%

3.61%

-1.91%

15 years

5.41%

5.53%

5.59%

5.61%

10 years

3 months

3.44%

3.31%

-2.15%

20 years

n/a

5.63%

5.75%

5.81%

7 years

1.24%

0.02%

1.26%

0.32%

30 years

n/a

5.86%

10 years

1.55%

0.02%

1.58%

0.32%

Floating Rate Advances

Discount Note Floater Advances

SOFR Index Floater Advances

Non-Prepayable

Prepayable (on reset dates)^

Index / Rate Indic.

Term

Prior Index

Spread

Prior Day Rate

Term**

Spread to 4WK

Spread to 13WK

Spread to 4WK

Spread to 13WK

SOFR

3 Months

5.32%

0.19%

5.50%

3 months

0.23%

n/a

0.26%

n/a

SOFR

6 Months

5.32%

0.20%

5.51%

6 months

0.29%

0.23%

0.36%

0.30%

SOFR

9 Months

5.32%

0.23%

5.54%

1 year

0.36%

0.26%

0.41%

0.32%

SOFR

1 Year

5.32%

0.25%

5.56%

2 years

0.61%

0.48%

0.63%

0.50%

SOFR

18 Months

5.32%

0.29%

5.60%

3 years

0.68%

0.57%

0.70%

0.59%

SOFR

2 Years

5.32%

0.32%

5.63%

4 years

0.69%

0.58%

0.71%

0.60%

SOFR

3 Years

5.32%

0.42%

5.73%

5 years

0.71%

0.60%

0.73%

0.62%

SOFR

4 Years

5.32%

0.45%

5.75%

Prior Index

4 week

5.324%

13 week

5.406%

SOFR

5 Years

5.32%

0.46%

5.76%

^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index.

SOFR

6 Years

5.32%

0.65%

5.95%

Overnight Discount Note Floater**

SOFR

7 Years

5.32%

0.76%

6.05%

Term^

Prior Index

Spread

Prior Day Rate

SOFR

8 Years

5.32%

0.84%

6.14%

<= 3 Months

5.286%

0.310%

5.526%

SOFR

9 Years

5.32%

0.88%

6.17%

^Prepayable same day before 3:00PM. **Please call for additional terms not listed above.

SOFR

10 Years

5.32%

0.92%

6.22%

Overnight Advances

Term

Minimum

Today

Prior Day

1 Day

No minimum

5.46%

Open Line (Daily Rate Set)#

No minimum

5.65%

5.64%

#Rate set at and available until 3:00 pm; Late Day Advances may be available until 4:30 pm by calling 855-345-2244, Option 1.